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All a would-be lessee needs to do is buy the car from the dealer and sell it on privately. The dealer gets the residual amount and the former lessee pockets a tidy sum.
Take the example of a 2008 Volvo XC90. With more than twelve months left on the lease, the dealer’s buyout price was a quoted US$18,500. Compare this to the amount the lessee was likely to get by selling the car privately: a far more substantial US$27,000. That’s a profit of US$8,500!
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This project began in 2008, cost around US$33 billion and employed approximately 10,000 workers. It is expected to carry double the number of passengers than before (80 million versus approximately 40 million), whilst also reducing the time it takes to make the journey from 10 to less than 4 hours!
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Revealed in show car form, the Yaris is fitted with a TRD-like sports kit comprising of a honeycomb grille, a restyled front bumper with larger openings and a chrome trim around the lower grille, side skirts, chunky alloy wheels and a new rear bumper with a diffuser plus a roof spoiler.
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That’s no mean feat, though intriguingly Kia Belgium have found that a lot of new car buyers believe the seven year warranty scheme is too good to be true. Either there’s a catch, or it doesn’t cover all Kia models, or there’s some extra charges that need to be paid first.
To counteract these rumours, and gain some additional customers, Kia Belgium hooked its General Manager Benoit Morrene up to a polygraph (lie detector) and let the general public ask him questions in an online, streamlining environment.
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The most impressive increase in sales comes from the new Jetta, which was introduced to the American market in October 2010. The compact sedan’s U.S. sales totaled 14,513 units in June (+120.9%) and 76,498 cars from the beginning of the year, an increase of 77.2 percent over the same period in 2010.
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We’ll begin with the changes to the engine lineup of the 5-Series saloon and Touring models. Starting from this fall, European buyers will be able to order the 5-Series with BMW’s brand-new 2.0-liter turbocharged four-cylinder gasoline engine, which is offered in two forms producing 184HP and 270Nm (199 lb-ft) in the 520i and 245HP and 350Nm (258 lb-ft) in the 528i.
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Starting with the M Sport option, the package includes an M aerodynamics kit with bespoke front and rear bumpers, LED foglamps, 19-inch M light-alloy wheels in double-spoke design, sports seats with Alcantara/leather upholstery and an M leather steering wheel.
Named after the country’s most famous motor racing circuit and home of the British Grand Prix, both models were specifically created for the UK market, with only 50 of each offered for sale from July 1.
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The Camaro with the V8 engine starts from £34,995 (US$56,040) in coupe trim and from £39,995 (US$64,060) for the convertible, both with a manual transmission. If you want an automatic gearbox, you’ll have to add another £1,500 (US$2,400). In the U.S., the V8 model starts from US$31,070, which is equal to £19,400.
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